The capital account is only open to foreign-funded enterprises. It is a special account for foreign exchange funds set up in the bank with the foreign exchange registration certificate issued by the State Administration of Foreign Exchange, which is specially used for foreign investment. After the foreign exchange capital is invested, the foreign exchange settlement can be transferred to basic deposit account before it can be used.

1. The capital account is the capital verification account, which belongs to the special account.

2. The funds in the capital account can be directly used for payment or settlement of foreign exchange. However, foreign exchange settlement needs to apply for capital settlement, and direct payment does not need to apply.

3 foreign exchange income, if it is capital, should be credited to the capital account; If it is income of other nature, it cannot be credited to the capital account, that is, the capital account can only receive capital and cannot receive other funds.

4. For daily foreign currency business, a basic foreign currency account should be opened, which cannot be replaced by a capital account.

Extended data

What is project capital?

Project capital refers to the amount of investment subscribed by investors in the total investment of construction projects, which is non-debt funds of construction projects, and the project legal person does not bear any interest and debt on this part of funds; Investors can enjoy the owner's rights and interests in proportion to their capital contributions, and can also transfer their capital contributions and their corresponding rights and interests, but they may not withdraw them in any way.

Investment project capital refers to the amount of funds subscribed by investors in the total investment of investment projects, which is non-debt funds of investment projects, and the project legal person does not bear any interest and debt on this part of funds; Investors can enjoy the owner's rights and interests in proportion to their capital contribution, or transfer their capital contribution, but they may not withdraw their capital contribution in any way.

Main differences between project capital and registered capital:

Project capital mainly emphasizes registered capital as a project entity rather than an enterprise. Registered capital refers to the registered capital of an enterprise entity registered in the administrative department for industry and commerce, and usually refers to the funds registered in the business license, that is, the "paid-in capital" or "share capital" in accounting, which is the capital invested by enterprise investors in proportion. Registered capital is also called enterprise capital in China. Therefore, the project capital is different from the registered capital.